Crypto finance firm BlockFi files for bankruptcy following the fall of FTX
The bankruptcy filing submitted in New Jersey lists Ankura Trust Company as its largest creditor, to the tune of $729 million, followed by FTX US at $275…
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$740M in crypto assets recovered in FTX bankruptcy so far
The FTX Arena name is still visible where the Miami Heat basketball team plays…
FTX Bankruptcy: BitGo Recovers $740 Million in Crypto Assets So Far, Court Filings Show
The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million (roughly Rs.…
FTX Hires Ex-Regulators to Investigate Firm’s Collapse
Cryptocurrency exchange FTX, whose recent collapse has led to questions about lacking regulatory oversight, has hired a fitting team to help untangle the…
FTX Bankruptcy Hearing: Sam Bankman-Fried Ran Crypto Firm as ‘Personal Fiefdom’, Assets…
FTX was run as a "personal fiefdom" of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they…
Genesis Warns Investors of Possible Bankruptcy Without Fresh Funding After FTX Collapse: Report
Digital asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and the firm has warned potential investors that it may need to file…
FTX Bankruptcy: US Prosecutors Began Probing Crypto Exchange Months Before Collapse: Report
FTX was on the radar of federal prosecutors in Manhattan months before the collapse of the crypto exchange, Bloomberg News reported on Monday citing people…
How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs
To make the deal work, Mr. Musk has been trying to add subscription revenue and reassure advertisers about the platform’s future. Twitter was losing money…
FTX Launches Strategic Review, Seeks Court Relief to Pay Critical Vendors
Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of…
FTX latest: Bankruptcy lawyers accuse former CEO of undermining case
Credit: Unsplash/CC0 Public Domain
Sam Bankman-Fried is…